A couple owned a local retail shop – a business the father had started many years before and one which contained a lot of family history. In being emotionally tied to the business for such a long time, the husband who was in his 60s was confused about the future of the business. It was evident to the Trilogy adviser team that there was no succession plan in place and no real understanding of the money locked up inside the business and in what other ways that money could be used.

Trilogy needed to evaluate the business and its future prospects and present the reality of their findings to the couple, putting sentimentality to one side. Their analysis showed that the wisest move in terms of wealth management was to sell the business. In presenting a structured argument about selling the business – Trilogy’s motivation was to make clear the various financial scenarios available to them, and to show them what their real options were. The couple were then in a position to make an informed decision about how they could proceed in their lives.

They decided to sell the business, and Trilogy helped establish the couple with more annual income than they can spend.

If you have important decisions to make in regards to a business transition, make the first step and call Trilogy today to arrange a meeting.